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Business, 02.08.2021 22:30 mindymae

Exercise 19-14 (Static) EPS; stock dividend; nonconvertible preferred stock [LO19-5, 19-6, 19-7] Hardaway Fixtures' balance sheet at December 31, 2020, included the following: Shares issued and outstanding: Common stock, $1 par $ 800,000 Nonconvertible preferred stock, $50 par 20,000 On July 21, 2021, Hardaway issued a 25% stock dividend on its common stock. On December 12, it paid $50,000 cash dividends on the preferred stock. Net income for the year ended December 31, 2021, was $2,000,000. Required: Compute Hardaway's earnings per share for the year ended December 31, 2021. (Enter your answers in thousands. Do not round intermediate calculations.)

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Exercise 19-14 (Static) EPS; stock dividend; nonconvertible preferred stock [LO19-5, 19-6, 19-7] Har...

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